Resource Center

Advanced Search
Technical Papers
Working Papers
Research Memoranda
GTAP-L Mailing List
GTAP FAQs
CGE Books/Articles
Important References
Submit New Resource

GTAP Resources: Resource Display

GTAP Resource #6366

"The Brumadinho dam rupture disaster in Minas Gerais (Brazil) and the productivity: regional economic impacts using a computable general equilibrium approach"
by Seibert Fernandes Da Silva, Claudio Eurico, Rayan Wolf, Thais Diniz Oliveira, Victor Eduardo de Mello Valério and Fernando Perobelli


Abstract
The aim of this paper is to analyse the impact of the Brumadinho dam rupture that occurred in Minas Gerais (Brazil) on labour productivity. As a typical case of negative externalities, this type of disaster leaves behind large-scale environmental and economic damages at both local and regional levels. To account for these, we translated the environmental effects into labour productivity changes in the affected area. It is assumed that changes in the payment of workers is proportional to the labour productivity, which captures the economic responses. Regional economic effects are modelled using the BMaria-MG, a computable general equilibrium (CGE) model calibrated with data of 2015. The analysis is performed to fill a gap found in the literature, given this is a topic currently in growing development. The results indicate a small impact on GDP in all regions. This is due to the low significance of labour productivity in the sectors. Since the study provides only a partial perspective of the productivity changes, disregarding for example the effects on capital productivity, results are limited. This is an improvement considered for the next phase of the research, which will disaggregate the input-output analysis in a more appropriate manner to better capture the related impacts for the most affected areas.


Resource Details (Export Citation) GTAP Keywords
Category: 2021 Conference Paper
Status: Not published
By/In: Presented during the 24th Annual Conference on Global Economic Analysis (Virtual Conference)
Date: 2021
Version:
Created: Seibert Fernandes Da Silva, C. (4/15/2021)
Updated: Seibert Fernandes Da Silva, C. (6/25/2021)
Visits: 362
- Economic development
- Labor market issues
- South America


Attachments
If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.


Public Access
  File format Paper  (1.1 MB)   Replicated: 0 time(s)
  File format Paper  (1.0 MB)   Replicated: 0 time(s)


Restricted Access
No documents have been attached.


Special Instructions
No instructions have been specified.


Comments (0 posted)
You must log in before entering comments.

No comments have been posted.